Questions
Questions on the economy of Eswatini
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What is the GDP of Eswatini?
5.2 bn$ in 2025 (IMF, current dollars): no. 44 of 53 African economies.
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What is the economic growth of Eswatini?
Real GDP growth of +4.9 % in 2025 (IMF estimate). The IMF projects +3.7 % for 2026.
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What GDP does the IMF project for Eswatini in 2030?
7.4 bn$ in 2030 according to the IMF projections, against 5.2 bn$ in 2025: real growth of 3.4 % a year on average.
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Is Eswatini a rich country?
GDP per capita of 4,148 $ in 2025, well above the African median (1,768 $): no. 14 of 53 in Africa per person (IMF).
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How many people live in Eswatini?
1.3 M inhabitants in 2025 (IMF): no. 47 in Africa by population.
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What is the inflation rate in Eswatini?
3.1 % in 2025, average annual change in consumer prices (IMF). Projection for 2026: 2.9 %.
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Is Eswatini highly indebted?
Public debt of 44.8 % of GDP in 2025, against a median of 53.2 % in Africa: no. 37 of 52 from the most indebted (IMF).
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Is Eswatini in default?
No. Its rating is B (Moody's B2).
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What is the credit rating of Eswatini?
Moody's B2: weak rating, no. 14 of the 34 African countries rated.
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What is the currency of Eswatini?
Its currency: lilangeni (SZL). Fixed rate: 1.00 SZL for 1 ZAR.
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What does Eswatini export?
In 2024, mostly: Essential oils, cosmetics (29.2 %), Sugar (19.9 %), Other chemicals (12.5 %). First client: South Africa (CEPII, BACI).
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Which economic communities is Eswatini part of?
SADC (Southern African Development Community).
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Does Eswatini have a stock exchange?
Yes: the Eswatini Stock Exchange, with 10 listed securities.
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What share of the population of Eswatini has electricity?
89.3 % of the population in 2024 (World Bank).
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Answers written from the latest figures of the IMF, the World Bank, CEPII, the rating agencies and the IMF-World Bank debt analyses. Method and sources